The price of the BAND is reflected from the current trend line and goes up to the POC level, which acts as a magnet and also serves as a very reliable Support/Resistance, it is a fair price, it is a place where the market likes to return.
We will switch to a lower time frame and look for a suitable place to enter. Entry into the position must be based on the conditions of our strategy.
Happy trading, Alex_UCT
We will switch to a lower time frame and look for a suitable place to enter. Entry into the position must be based on the conditions of our strategy.
Happy trading, Alex_UCT